Business
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PRAC criticises missed opportunities in budget
Draws govt's attention to key sectors
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PSX at new peak as budget sparks optimism
Index surges 2,328 points on equity tax status quo, upbeat FY26 outlook
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'Tax physical retailers, not budding e-commerce'
Industry urges withdrawal of taxes on IT, digital services sectors warning that new taxes may derail growth
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Auto sector divided on new budget
Some air concern over impact on local manufacturing; others dub new policies balanced
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15% hike in oil refining planned
Capacity will be increased through executing plant upgrade projects
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Govt raises Rs1.1trin debt auctions
Rupee down 26 paisa at 282.47/$; gold gains Rs600
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Remittances cross $34.9b for FY2025
Average monthly inflows rise by 10.7% from FY24 – easing deficit; South Africa, Ireland, Malaysia lead new growth
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KE consumers to get Rs4.69/unit relief in April
Nepra to decide on FCA petition on June 19 as KE seeks adjustment of Rs16b
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Oil industry slams govt for failing to fulfil promise
Says despite commitment, sales tax exemption on petroleum products not withdrawn
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NA nod sought for Rs345b spending
Grants include Rs60b for defence not linked to war, largest share spent on IPPs
